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Rent In Advance.

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Comments

  • Red-Squirrel_2
    Red-Squirrel_2 Posts: 4,341 Forumite
    Niklas33 wrote: »
    Completely understandable.

    I've been informed it's separate tenancy agreements.

    Thank you anyway.

    That's very very unusual.

    Make sure you both read the full tenancy agreement(s) before you sign anything.
  • BrassicWoman
    BrassicWoman Posts: 3,220 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Niklas33 wrote: »
    Completely understandable.

    I've been informed it's separate tenancy agreements.

    Thank you anyway.

    Don't go by a vague "informed." Read it very very carefully! Get a copy before you pay anything, and before you move in.
    2021 GC £1365.71/ £2400
  • Niklas33
    Niklas33 Posts: 173 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    I'll be taking both of the contracts to my local lawyers.

    From the lack of information the estate agent provided us, in the first place despite us questioning i think they're a shady bunch.

    She rang me today and simply said we need to pay a month upfront and £100 for admin fees which make's it £695 on the day we move in and it's ours.

    And also confirmed it's a separate tenancy.
  • Red-Squirrel_2
    Red-Squirrel_2 Posts: 4,341 Forumite
    Niklas33 wrote: »
    I'll be taking both of the contracts to my local lawyers.

    From the lack of information the estate agent provided us, in the first place despite us questioning i think they're a shady bunch.

    She rang me today and simply said we need to pay a month upfront and £100 for admin fees which make's it £695 on the day we move in and it's ours.

    And also confirmed it's a separate tenancy.

    Unless the house is already a HMO I'd be very very surprised if this was accurate information.

    Why would a landlord want to rent out their property in two halves, to each half of a couple, and take the risk that they only get half rent if one ups and leaves?
  • BrassicWoman
    BrassicWoman Posts: 3,220 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Niklas33 wrote: »
    I'll be taking both of the contracts to my local lawyers.

    From the lack of information the estate agent provided us, in the first place despite us questioning i think they're a shady bunch.

    She rang me today and simply said we need to pay a month upfront and £100 for admin fees which make's it £695 on the day we move in and it's ours.

    And also confirmed it's a separate tenancy.


    Seems really unlikely unless there's 2 bedrooms with locks on the doors; there's also always joint responsibility for trashing the place.
    2021 GC £1365.71/ £2400
  • Niklas33
    Niklas33 Posts: 173 Forumite
    Sixth Anniversary 100 Posts Name Dropper Combo Breaker
    I'm not sure to be honest i don't know the ins and outs of it i think it's because i have a substantial amount of saving's and my partner doesn't but he earns £1300 + a month they've asked him for a guarantor and they haven't asked me.

    Not sure tbh.
  • Red-Squirrel_2
    Red-Squirrel_2 Posts: 4,341 Forumite
    Niklas33 wrote: »
    I'm not sure to be honest i don't know the ins and outs of it i think it's because i have a substantial amount of saving's and my partner doesn't but he earns £1300 + a month they've asked him for a guarantor and they haven't asked me.

    Not sure tbh.

    Just make sure you only have a 6 month contract to start out with.
  • saajan_12
    saajan_12 Posts: 5,806 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just think about, if this is a room/flat/house suitable for one unit/family/couple, why would the LL be willing to receive the rent in two halves.. if one of you terminates, they only receive half the rent. The LL likely won't find another stranger tenant to share the space and pay the half rent.
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,393 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You might have two separate tenancy agreements (pieces of paper) but they might still specify joint and several liability with the other tenant.
    A kind word lasts a minute, a skelped erse is sair for a day.
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